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Gross Domestic Product (GDP) |
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Definition
Total Market value of all goods and services provided in a country's economy in year both by residents and nonresidents. |
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Number of babies born per 1,000 people. |
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People born betwen 1946 and 1964. |
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Generation born directy after the baby boom. '65-77. |
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Metropolitan Statistical Area (MSA) |
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Definition
Integrated economic and social unit with a large population nucleus. |
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Income adjusted to take out the effects of inflationand purchasing power. |
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What's left after paying for necesities. |
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People whose children have grown up and are able to spend their money in other ways. |
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